THIS is Investigative Reporting
And big surprise, it's by Tim Novak, one of the driving forces behind the Hired Truck scandal:
Mayor Daley promised that one-fifth of the homes built as part of the massive makeover of the historic Maxwell Street market would be set aside as affordable housing.
Damaris Matis, a real estate agent, got to buy one of those 187 affordable homes.
Matis, then 25 and single, already owned two condos and was making $43,782 a year when city housing officials deemed her eligible to buy an affordable one-bedroom condominium in the city-subsidized development, called University Village.
Gee, she owns two condos, but is eligible to buy another set aside for affordable housing, gets $20,000 in subsidies and then flips it for almost $30,000. And as a topper, she and others didn't even pay back the "subsidies" granted for being eligible for affordable housing.
Among others getting a crack at affordable housing were a connected firefighter who already owned a house and the son of the co-owner of New West Realty - the company selling the housing.
It's amazing how far you can get if you know the right people or have an "in." And how you can get City subsidies to augment your flipping of property you probably shouldn't have had a chance at in the first place.
Meanwhile, Pam Zekman looks for the next parking scandal.
Among others getting a crack at affordable housing were a connected firefighter who already owned a house and the son of the co-owner of New West Realty - the company selling the housing.
It's amazing how far you can get if you know the right people or have an "in." And how you can get City subsidies to augment your flipping of property you probably shouldn't have had a chance at in the first place.
Meanwhile, Pam Zekman looks for the next parking scandal.
Labels: corruption
posted by SCC at 12:02 AM
29 Comments:
Get rid of residency and I could care less who gets subsidies for "affordable housing" or whatever gimmicks they come up with. I know I'll never get a bite of that apple so just let me live where I can afford a house with a good school system where I can raise my kids.
Also a few fireman and police officers got in on the action too.
What a scam!
NOVAK is in a league all to himself. Maybe he has uncovered enough evidence for the Feebs to act and put the head of the Chicago crime family away. Doesn't Da Mare have to approve these TIFS? Or will some other lowly buffer fall on the sword for him.
Un-fucking-believable. I can't buy one house to raise my family in and these jagoffs have several pieces of property AND get a break. Fuck you Daley and all the asshole that voted for you.
Wow how sad. And the corruption continues and the idiot media and feds can't see it.
I once met a 911 Call Taker that got a huge housing *grant* to buy a brand new home in Chicago. She *had* a job and got a *grant* which she did not have to pay back....
Yeah... That's nice. I tried to buy a place in University village and attempted to apply for this program. At the time was a detective with two children. Did not qualify. Did not beef bought bought a house near Midway. Much better off althought the corruption kills me. It is everywhere you turn. Getting jobs... Getting promoted... And getting housing to make a buck. Fuck me can't wait to blow this popcicle stand.
The subsidies come from TIF taxes and they are diverted to UIC.
This is why Daley cannot give us a pay raise!
Is it too late to get one of those?
Sounds like conspiracy to defraud.
There are no investigative reporter! The cavalry isn't coming. The ship has sunk and we are lost at sea with no ships on the horizon.
Tim Novak and I do shots together. Great reporter.
The city should make them pay back the money!
run pammy run !!!
away from the story!
you too chuckles chipmunk cheeks.
get those parkers:
I suppose the best analogy might be the one where some reporters go after "parking stories", those so called "investigative" reporters...when, in fact, the murders and true felonious crime events are swirling all around them but they blindly refuse to see them. Their own stars get in their eyes.
parking pimps for shity hall.
They all purchased their home owner's insurance from the Daly corporation.
Another example of Daley leading by example.
Article mentions Celini was one of the developers.
Buck Naked
-not a cop
"Affordable Housing" is a con job. It has nothing to do with providing decent housing for the truly needy, it's a way to take tax money from the middle class and give it to the rich/powerful/connected, while using the poor as cover. This is where your tax money goes, and what it buys, when politicians talk about "affordable housing":
http://www.suntimes.com/news/metro/rezko/904048,CST-NWS-rezko19.stng
you should see the crooked latin-king affiliated copper in 14 who owns a carwash....
this is the perfect example of an Investigative Reporter who is competent, as opposed to incompetent ones, such as ZECKMAN. Perhaps ZECKMANS next expose will be about City-wide theft of paper clips, or similar..
thousands of City residents getting LINK cards illegally by lieing on the Applications and not being checked out thoroughly before the cards are issued..Investigate THAT one ZECKMAN & Co.
IF ITS FED MONIES INVOLVED YOU CAN BET ITS A FRAUD AND DALETY BETTER START LIGHTING CANDLES. ONCE THE FEDS GET ON IT ITS LIKE DEALING WITH THE STASI OR NKVD. THETY DONT LET GO, IT ONLY TAKES ONE PARTICIPANT TO TELL ALL IN A FED INTERVIEW ROOM AND THEN SIT BACK AND WATCH THE SHOW.
Would an investigative reporter please ask some questions about our civilian Chief of Staff who was observed carrying a loaded semi-auto pistol and making an arrest when he does not have the legal authority to do either?!?!? Then ask why the investigation was swept under the rug and the Chief of IAD was moved abruptly. Then ask why our illustrious Supe, who is alleged to have integrity to spare, let it all happen.
Anyone? Bueller? Bueller?
How about exposing some of the 75 Million TIF money used for this property? Top High ranking CPD Bosses making a combined salary of over 350K a year and they need a subsidy for a property in University Village? Now that's not right!
Cut & Paste below:
http://www.ccrd.info/CCRD/controller?commandflag=searchByNameID&optflag=SearchCommand&county=il031&userid=null&userCategory=7&nameid=-2099478&partytype=I&name=CUELLO%2BBEATRICE%2BV&officeid=70&fromdate=01/01/1985&todate=05/11/2009&lastname=CUELLO%20BEATRICE&SEARCH_SELECTED=
(or better yet the acutal property)
http://www.ccrd.info/CCRD/controller?commandflag=getDetails&optflag=DetailsCommand&county=il031&userid=null&userCategory=7&nameid=-2099478&ptrno=260250016&instrumentnumber=0705326211&fileDate=02/22/2007&doctype=WARRANTY%20DEED&partytype=I&name=CUELLO%2BBEATRICE%2BV&officeid=70&fromdate=01/01/1985&todate=05/11/2009&lastname=CUELLO%20BEATRICE%20V&proptype=&pin=17211230250000§ion=22&township=40&range=12
I may be wrong on this, but my understanding is that if you qualify for "afforable housing" subsides that are obtained through TIF funds that any money made on the property when sold that exceeds more than 3% a year, must go back into the TIF Fund. I know this was true for Condo's that were built above Whole Foods in Sauganash, but I'm not sure if this is the same for all TIF funded properties in the city.
http://www.sauganash.org/cicero_peterson.htm
If we keep bringing this issue up about Mike Masters illegally carrying a gun and making arrests maybe some reporter will eventually dig up the story. Come on guys we are giving this to you on a silver platter. The king of gun control (short shanks) has his guy carrying a gun. Someone ask Daley about this. Come on SCC lead the charge
What about "Hash Browns"?
I have no doubt that a sweet heart deal took place there!
Karen Rowan misses nothing!
your hard-earned tax dollars being thrown around and given away like it's nothing.
fuck daley and fuck this city. I hate this place more every day ... I'm gone for sure if the Olypmics come here. I can barely afford to raise my kid here as it is.
I would almost tolerate it if king dick wasn't so arrogant.
do ya think the thieves are getting lazier than the coppers?
"do ya think the thieves are getting lazier than the coppers?
5/18/2009 12:11:00 AM"
Try leaving your windows open and your doors unlocked and find out for yourself.
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